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Finance Manager

VFD Group
Posted 5 days ago, valid for 12 days
Location

Lagos, Lagos

Salary

Competitive

Contract type

Full Time

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Sonic Summary

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  • The role involves supporting the implementation of financial controls, strategy, budgeting, tax management, financial reporting, and regulatory compliance.
  • The candidate will collaborate closely with the CFO to ensure accurate financial reporting and effective financial management across the organization.
  • A Bachelor's degree in Finance or a related field, along with a professional qualification such as ACA or ACCA, is required.
  • Candidates must have a minimum of 6 years of progressive experience in Finance, with at least 2 years in a managerial role.
  • The position offers a competitive salary, reflective of experience and industry standards.

The role is responsible for supporting the implementation of financial controls, financial strategy, budgeting, tax management, financial reporting, and regulatory compliance. The successful candidate will work closely with the CFO to ensure accurate and timely financial reporting, effective financial planning, regulatory compliance, and sound financial management across the organisation.

Key Responsibilities

Financial Reporting & Accounting

  • Maintain the integrity and accuracy of accounting records for assigned areas, including liabilities, equity, and expense ledgers.
  • Ensure timely preparation and finalisation of quarterly earnings forecasts.
  • Prepare accurate and timely financial reports for the Trading Desk.
  • Ensure timely submission of BDC returns to the CBN.
  • Maintain accurate and up-to-date intercompany reconciliations.
  • Coordinate month-end, quarter-end, and year-end financial close processes for assigned areas.
  • Support the timely completion of audits and submission of draft audited financial statements to the CFO.

Budgeting & Forecasting

  • Support the annual budgeting and periodic forecasting processes.
  • Assist with budget reviews and revisions as required.
  • Monitor financial performance against approved budgets and provide relevant insights.

Tax Management

  • Support the implementation of the Group's tax strategy and framework.
  • Support effective tax planning, compliance, and management activities.

Regulatory Reporting & Compliance

  • Ensure timely and accurate submission of all required regulatory returns.
  • Maintain compliance with applicable financial regulations, CBN requirements, and industry standards.
  • Proactively identify and address potential compliance gaps to ensure zero regulatory infractions.

Financial Planning & Analysis

  • Conduct financial analysis and provide insights to support strategic and operational decision-making.
  • Support the development and execution of organisational strategic plans through relevant financial analysis and insights.
  • Identify trends, risks, and opportunities that may impact financial performance.

Financial Controls & Other Responsibilities

  • Support the implementation and maintenance of effective financial controls and processes.
  • Ensure effective management of the Finance aspect of the Expense Portal.
  • Provide timely financial support and analysis to the CFO and other relevant stakeholders.
  • Perform other finance-related responsibilities as may be assigned.


Requirements

  • Bachelor’s degree in Finance, Accounting, Business Administration, Economics, or a related discipline.
  • Professional qualification such as ACA, ACCA, CIMA, or an equivalent recognised qualification.
  • Minimum of 6 years’ progressive experience in Finance, Accounting, Financial Control, or a related function.
  • At least 2 years’ experience in a managerial or supervisory role.
  • Strong experience in financial reporting, accounting, budgeting, forecasting, and financial analysis.
  • Good knowledge of tax management, regulatory reporting, and financial compliance.
  • Experience with CBN/regulatory returns and compliance requirements within the financial services industry.
  • Strong understanding of financial controls, reconciliations, month-end/quarter-end/year-end close processes, and audit management.
  • Experience working with ERP/accounting systems and financial reporting tools.
  • Strong analytical, problem-solving, and financial modelling skills.
  • Excellent attention to detail, accuracy, and ability to work with tight reporting deadlines.
  • Strong communication and stakeholder management skills, with the ability to work effectively with senior management.
  • High level of integrity, confidentiality, accountability, and professionalism.
  • Experience within financial services, investment, banking, or capital markets is highly desirable.





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